On auto-X / track preparation: Over here in Holland we used to have a 318ti Cup touring car class, which were faster cars then a race prepped E30 325i. I'm taking my car to the company that used to prep these cars for the cup within a couple of weeks. I'll post up some pictures of a Cup car & the progress on mine if there's interest. They've advised the following:
1. Braded hose brakelines for a more constant brake pedal feel.
2. Brake fluid: DOT 5.1. from any brand. ATE Super Blue is one of the best. Used by Porsche on all factory cars.
3. Uprated pads. For full race ti's: Carbon Lorraine RC6. The very best available. Don't use these on the street, because they will go brittle due to a lack of constant heat. For street use: Ferodo DS 2500 (best) or DS Performance (cheap). DS 3000 or Hawk pads can "squeek" like crazy and will drive you mad.
4. Brake Dics: NO drilled rotors. They will crack and sometimes "explode". OEM ones are mostly used in the Cup. Grooved discs are a good option, if possible get heat treated ones.
5. Wheels and tires: 16 inch OEM wheels (318ti CS) + 205/50/16 tires. They've tested several wheel & tire sizes under similar circumstances (same driver, identical fuel load, same car) This came out fastest. 17 inch wheels with 225 wide tires aren't far off. Anything bigger is not recommended. When using full racing slicks, go for the OEM 15 inch wheels. -
6. Suspension: Coilovers are only really usefull for the real racer which likes to test & tune infinitely. For "arrive & drive" types: get a decent shock + spring combo (Bilstein B12 / B8 + Eibach Pro springs / H&R Cup Kit)
7. X-Braces: These generally create more understeer, which you'd rather should avoid.
You can also remove the dust plates behind the front bumper for more brake cooling or use your foglight holes in the front bumper. Take some vacuum cleaner hoses (or something similar) + a few clamps = brake cooling improvement on a budget.
Biggest gains to be found in 1. Tires 2. Brakes 3. Suspension.
Check also:
http://www.bmw-cup.nl/deelnemers. It's all in Dutch, but it can maybe be of inspiration.
Just my $ 0.02
Erik